West
Vestar Development Makes $79M Investment in Vegas Retail
Vestar Development Co. has laid the groundwork to get in on the Vegas retail game with a deal to acquire The District at Green Valley Ranch in Henderson, Nev., for $79 million.
L.A.-Based Lee & Associates Opens NYC Doors, Merges with Sierra
L.A.-based Lee & Associates, in a merger with Sierra Realty, opened its first office in New York City and will be focused primarily on the retail sector but will look to make headway into office leasing.
Lincoln Eyes Long-Term Upside in $76M Orange County Buy
Lincoln Property Co. has snapped up the Towers at Bella Terra, a 420,000-square-foot office and retail complex in Huntington Beach, Calif., in a $76 million cash transaction green-lighted by the state Superior Court.
$4.4M Parcel Sale Paves Way for Hyatt at Los Angeles-Area Mixed-Use Project
A new transaction between Thomas Properties and OTO Development has paved the way for the addition of a new Hyatt to the increasingly hungry Los Angeles International Airport submarket.
A Look Ahead: Opportunities in a Changing World from ULI
Success in real estate requires optimism and the ability to identify opportunity under any circumstances. This year’s Urban Land Institute Fall Meeting opened with plenty of advice for tackling both short-term challenges and long-term market shifts.
Washington is Top Investor Choice Again as Tough 2012 Looms: PwC/ULI Survey
Survey participants predict that 2012 will see more properties for sale but diminished buyer enthusiasm.
Riding Multi-Family Wave, TRECAP Sells Seaside Complex to Western National for $95M
Multi-family supply/demand dynamics are their best in a decade, TRECAP Senior Vice President and Managing Director Edward Oprindick tells CPE.
Dostart Development, Rockwood Capital Sign 340 KSF Silicon Valley Office Lease
Dostart Development Co. L.L.C. and Rockwood Capital L.L.C. have secured a big tenant for its office project in Mountain View, Calif., signing Synopsis Inc. to a 340,000-square-foot lease.
Kennedy Wilson Closes $111M Purchase of Three L.A.-Area Buildings
Kennedy Wilson has completed the second phase of a $143 million Los Angeles-area office portfolio with the closing of the purchase of three of the five assets for a total of $111 million for an aggregate 500,000 square feet.
Western National Spends $95M on Orange County Apartment Complex
Western National Group has acquired the 368-unit Seacrest Luxury Apartments in San Clemente, Calif., for $95.4 million from an affiliate of TRECAP Partners.